Most people's post-bubble belief is that Internet stocks are stupid and worthless. Just as many scholars now look at bitcoin.
Most people listen to other people's attacks and choose to ignore them instead of digging deep into the amazon story.
This is a mistake of lazy thinking.
So when you see the same thing happening in bitcoin, you can try to do something different with most people.
Ask yourself: "why is the market still buying assets that claim to be worthless?"
"Is the bitcoin bubble the same as the tulip bubble?
You will eventually find that the real value of the asset, after the bubble, returns to the value of the asset itself.
And the next wave is coming back, reaching new heights.
How do you see the fall?
Well many people are think cryptocurrency will be the next .com bubble. But i do think they are different and also crypto has a fundamental technology behind it. The blockchain technology that could be use in real life that can be trusted and with transparancy would not going die like .com bubble. People right now trying to use it as a new way to do reward program and for supply chain. I think crypto will reach a new peak if etf got approved
this is not Tulip mania, because tulips had no real value, except the hype around them and it was supported exclusively by buyers and the lack of sellers
yes i agree crypto do have a value and different compared with others bubble.